Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: KuCoin against Gate−2.001%7-day average −1.976% · you buy dearer than you sell
Net, funding: paid 7d − costs−$972as in the Funding arb table
Net, price: spread back to 7d avg − costs−$985as in the Price arb table
costs, in and out, $10k−$9839.828% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now −2.001%, 7d avg −1.976%
=Funding pays, the price is against you. KuCoin is 0.025% cheaper against Gate than usual: you would sell low and buy high (spread −2.001% now, against its 7-day average of −1.976%). If the spread goes back, that is −$2 on $10k: about 40 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ANTHROPIC_USDT | 2,153.8 | 0 | get 0.0000% / 8h | 1h 24m | $2.4M | $1.1M | 50x |
| Short | KuCoin ANTHROPICUSDTM | 2,110.7 | 0.0050 | get 0.0050% / 8h | 1h 24m | $498K | $25K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.5
- Price spread: −2.001% → −1.976%
- −$2.47
- Slippage, 4 orders
- −$955.82
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$974.79
- Costs to cover
- 9.828%
- Break-even
- 656.9 days
Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 19 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 3 min ago | 6.95 bp | 155.7 bp −$156 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 19 min ago | 18.56 bp | 170.7 bp −$171 | doesn't fit | doesn't fit | doesn't fit |
ANTHROPIC on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ANTHROPIC-USDT | −0.0430% | 8h | 2,109.4 | −2.062% | $42K | $69K | 20x | as long as short |
| Coinbase International ANTHROPIC-PERP-INTX | −0.0080% | 1h | 2,120.7 | −1.538% | $267K | $25K | 5x | as long as short |
| Lighter ANTHROPIC | 0.0000% | 1h | 2,168.3 | +0.672% | $1.9M | $904K | 5x | as long as short |
| Bybit ANTHROPICUSDT | 0.0000% | 8h | 2,154.8 | +0.047% | $2.3M | $423K | 25x | as long as short |
| OKX ANTHROPIC-USDT-SWAP | 0.0000% | 8h | 2,164.5 | +0.495% | $4.8M | $849K | 10x | as long as short |
| QFEX ANTHROPIC-USD | 0.0000% | 1h | 2,108.7 | −2.094% | $1.4M | $1.1M | 10x | as long as short |
| Gate ANTHROPIC_USDTlong | 0.0000% | 8h | 2,153.8 | long leg | $2.4M | $1.1M | 50x | |
| Bitget ANTHROPICUSDT | 0.0000% | 8h | 2,105.9 | −2.227% | $25.9M | $3.2M | 20x | as long as short |
| SunX ANTHROPIC-USDT | 0.0000% | 8h | 2,112.6 | −1.914% | — | $2.4M | 10x | as long as short |
| Phemex ANTHROPICUSDT | 0.0000% | 8h | 2,109.3 | −2.067% | $1.6M | $384K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ANTHROPIC-USDT | +0.0020% | 8h | 2,109.1 | −2.076% | $270K | $260K | 20x | as long as short |
| Lighter RH ANTHROPIC | +0.0032% | 1h | 2,164.7 | +0.505% | $6.4M | $16.5M | 5x | as long as short |
| Extended ANTHROP-USD | +0.0048% | 1h | 2,108.3 | −2.114% | $19K | $22K | 10x | as long as short |
| Aster ANTHROPICUSDT | +0.0050% | 8h | 2,108.8 | −2.089% | $122K | $6K | 10x | as long as short |
| Binance ANTHROPICUSDT | +0.0050% | 8h | 2,108.8 | −2.090% | $32.2M | $8.3M | 20x | as long as short |
| MEXC ANTHROPIC_USDT | +0.0050% | 8h | 2,108.6 | −2.101% | $7.8M | $274K | 50x | as long as short |
| KuCoin ANTHROPICUSDTMshort | +0.0050% | 8h | 2,110.7 | −2.001% | $498K | $25K | 20x | |
| Variational Omni ANTHROPIC | +0.0050% | 8h | 2,108.6 | −2.098% | $2.3M | $648K | — | as long as short |
| GRVT ANTHROPIC_USDT_Perp | +0.0050% | 8h | 2,107.1 | −2.169% | $10K | $165K | 10x | as long as short |
| Entropy io:ANTH | +0.0101% | 1h | 2,153.4 | −0.020% | $35.0M | $7.6M | 6x | as long as short |
| Aevo ANTHROPIC-PERP | +0.0104% | 1h | 2,109.3 | −2.067% | $10K | $63 | 10x | as long as short |
Gate ANTHROPIC_USDT
KuCoin ANTHROPICUSDTM
HTX ANTHROPIC-USDT
Coinbase International ANTHROPIC-PERP-INTX
Lighter ANTHROPIC
Bybit ANTHROPICUSDT
OKX ANTHROPIC-USDT-SWAP
Bitget ANTHROPICUSDT
SunX ANTHROPIC-USDT
Phemex ANTHROPICUSDT
BloFin ANTHROPIC-USDT
Lighter RH ANTHROPIC
Extended ANTHROP-USD
Aster ANTHROPICUSDT
Binance ANTHROPICUSDT
MEXC ANTHROPIC_USDT
Variational Omni ANTHROPIC
GRVT ANTHROPIC_USDT_Perp